will provide an honest assessment of your home's value. When deciding an agent and sales plan, consider the
current market and your home's salable assets as well.
Comparative Market Analysis
A comparative market analysis should take into account repairs, improvements, and annual costs (such as
property taxes) of your home, in addition to its size, features, and amenities. Expect to get an analysis of
recently comparable homes sold in the neighborhood, as well as a list of equivalent homes currently for sale.
When you receive the analysis, break down the home comparisons to square footage. It will allow you to
analyze how accurate the CMA estimate is.
One Step Further
If you want confirmation of the list price you have in mind, get a pre-sale appraisal. Appraisers use comparable
sales in addition to other information to make their determinations. The appraisal will cost between $250 to
$500 dollars... (Continued)
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